Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Interest rates hold back home sales in the Basin, statewide
MOSES LAKE — High interest rates are slowing down sales in the Basin real estate market. The average monthly ra…
Goldman Sachs reaches $3.9 billion settlement with Malaysia over scandal-plagued 1MDB sovereign wealth fund
NEW YORK (AP) — Goldman Sachs reaches $3.9 billion settlement with Malaysia over scandal-plagued 1MDB sovereign wealth fund.
Malaysia affirms social media users exempt from license rule
KUALA LUMPUR, Malaysia (AP) — Malaysia made an embarrassing U-turn on Friday after a minister sparked a furor over his announcement that all video production, including those on social media, must be licensed amid …
Wall Street down after worldwide slide; gold at record high
Stocks closed broadly lower for the second day in a row Friday as Wall Street gave back some of its gains from a mostly solid July rally.
AP-NORC poll: Nearly half of Americans whose families lost jobs during the pandemic believe the jobs will not return
WASHINGTON (AP) — AP-NORC poll: Nearly half of Americans whose families lost jobs during the pandemic believe the jobs will not return.
Court: Judge wrong to dismiss complaint against Facebook
CONCORD, N.H. (AP) — The New Hampshire Supreme Court ruled Friday that a judge was wrong to dismiss a cafe owner's complaint against Facebook that said his social media account was shut down without warning.
Some areas protected as Formosa's Louisiana work continues
NEW ORLEANS (AP) — A Taiwan-based company and opponents to plans for a $9.4 billion plastics complex have agreed that site preparation can continue except in wetlands and in five known or possible sites of enslaved…
The Latest: S Korea has 100+ cases for 1st time in 4 months
SEOUL, South Korea — South Korea has reported 113 newly confirmed cases of COVID-19 over the past 24 hours — its first daily jump above 100 in nearly four months.
Boston Beer, Del Taco rise; Intel, Veoneer fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday:
The Latest: S Korea baseball, soccer fans to return to games
SEOUL, South Korea — South Korea will allow baseball fans to return to the stands beginning Sunday under a phased process planned by health authorities to bring back spectators in professional sports amid the COVID…
Business Highlights
___
Goldman Sachs and Malaysia reach $3.9B settlement over 1MDB
KUALA LUMPUR, Malaysia (AP) — Malaysia’s government said Friday it has reached a $3.9 billion settlement with Goldman Sachs in exchange for dropping criminal charges against the bank over bond sales that raised mon…
Congressman says he wants answers about Iowa plant outbreak
IOWA CITY, Iowa (AP) — U.S. Rep. Dave Loebsack said Friday that he's “deeply concerned” about an Associated Press report that showed the first known coronavirus outbreak at an Iowa meatpacking plant was far more se…
FAA: Check engines on 737s that could shut down mid-flight
WASHINGTON (AP) — Safety regulators issued an emergency order directing airlines to inspect and if necessary replace a critical engine part on popular Boeing 737 jets after four reports of engines shutting down dur…
US new homes sales rose 13.8% to an annual rate of 776,000 during pandemic recovery bump in June
WASHINGTON (AP) — US new homes sales rose 13.8% to an annual rate of 776,000 during pandemic recovery bump in June.
With no new law to curb drug costs, Trump tries own changes
WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump has moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some…